Tag: Real Estate

2211 Mary Lane, Broomall, PA. 19008 – Delco / Delaware County PA. Home.

2211 Mary Lane, Broomall, PA. 19008 $645,000 Est. Mortgage $4,346/mo*4 Beds2 Baths1990 Sq, Ft. Listing courtesy of Monika Rani – RE/MAX 440 – Doylestown Description about this home for sale at 2211 Mary Lane, Broomall, PA. 19008 Pictures will be uploaded by the 17th. This magnificent RANCH STYLE home with a stunning stone front is …

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Average Size of Mortgage Loan Hits Record High

The average dollar amount of a mortgage purchase application hit a record of $418,500 as higher home prices force buyers to borrow more, the Mortgage Bankers Association reported this week. “The continued rise in purchase loan application sizes is driven by high home price appreciation and the lack of housing inventory on the market—especially for …

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Mortgage Rates Surge

Mortgage rates are on the rise in the new year, just like economists predicted. The 30-year fixed-rate mortgage, which is up 45 basis points in less than a month, averaged 3.56% this week compared to 3.11% in the last week of 2021. “Mortgage rates moved up again as the 10-year U.S. Treasury yield rose and …

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Over 5M Borrowers Missed Refinancing Savings

The number of owners who can save by refinancing is down by more than half from the start of this year to 5.9 million, according to Black Knight data. Black Knight considers refinance candidates as 30-year mortgage holders who have a maximum 80% loan-to-value ratio, a credit score of 720 or higher, and a likelihood of …

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25 46th Street, Sea Isle City, NJ. 80243 – Jersey Shore Vacation Home.

25 46th Street, Sea Isle City, NJ. 80243 $1,999,000 Est. Mortgage $12,068/mo*6 Beds5 Baths2508 Sq. Ft. Listing courtesy of Dustin Laricks – COMPASS RE – Sic Description about this home for sale at 25 46th Street, Sea Isle City, NJ. 80243 Are you looking for a townhouse that is very close to the beach with …

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3901 Cini St. N #SEA, Sea Isle City, NJ. 08243 – Jersey Shore Vacation Home.

3901 Cini St. N #SEA, Sea Isle City, NJ. 08243 $1,449,000 Est. Mortgage $8,990/mo*4 Beds3 Baths1898 Sq. Ft. Listing courtesy of David Farina – FARINA & BOESHE, INC Description about this home for sale at 3901 Cini St. N #SEA, Sea Isle City, NJ. 08243 This corner Townhome in a popular residential neighborhood is turn-key …

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Rising Rates May Spark Buying Spree

The fear of missing out, or “FOMO” as it’s called on social media, could prove to be a strong motivation for potential home buyers to enter the market quickly as mortgage rates rise. The potential loss of homebuying power may “supercharge the housing market ahead of the spring homebuying season,” says Mark Fleming, chief economist …

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Mortgage Rates Level Out

Mortgage rates held steady overall this week, a welcome relief to home shoppers who may have been watching them rise week after week since the beginning of the year. The 30-year fixed-rate mortgage averaged 3.55% this week, Freddie Mac reports. “Following a month-long rise, mortgage rates effectively stayed flat this week,” says Sam Khater, Freddie …

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2763 Old Cedar Grove Road, Broomall, PA. 19008 – Delco / Delaware County PA. Home.

2763 Old Cedar Grove Road, Broomall, PA. 19008 $449,000 Est. Mortgage $3,078/mo*4 Beds3 Baths2048 Sq. Ft. Listing courtesy of Bill Mccormick – BHHS Fox & Roach-Exton Description about this home for sale at 2763 Old Cedar Grove Road, Broomall, PA. 19008 A true diamond in the rough! This investor’s special with tons of potential is …

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Take the Good With the Bad

Investors and move-up buyers will keep home sales humming, but inflation and other issues could be hurdles. Key Takeaways: “It was the best of times, it was the worst of times … it was the spring of hope, it was the winter of despair.” Those are the words of Charles Dickens in A Tale of …

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30-Year Mortgage Rate Surge

Mortgage rates continue to rise and are nearly a full percentage point higher than a year ago. House hunters should brace themselves for rates near 4% before the end of the year, economists say. “The normalization of the economy continues as mortgage rates jumped to the highest level since the emergence of the pandemic,” says …

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Iconic HOME ALONE House Finds Buyer…

The house where the iconic holiday classic “Home Alone” was filmed has apparently found a buyer. The iconic home, located in the 600 block of Lincoln Avenue in Winnetka, went up for sale on May 24 with an asking price of $5,250,000. According to its listing on Zillow, the home went “contingent” on May 31 — …

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